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- higher taxes? that's one of many things that will be chaning. gail marks jarvis is a personal finance columnist. she's also the author of "saving for retirement without living like a pauper or winning the lottery." and you expect kind of across-the-board tax increases at some point for everyone. > > right. it might not happen early in the year, we will have to see. i expect congress and the president are still going to be fighting about what our taxes are going to be early in the year. but eventually, maybe late traders head back to a post- holiday trading session. what's in store for the shortened week. in today's cover story, minimum wage is on the rise. the effect on the labor market. plus, scammers have been naughty this holiday season. why checking your credit card statement is a nice idea. the financial pitfalls that could put a snag in your savings in 2013. and, bad business blunders. how corporations this year are attempting to recover reputations. first business starts now. you're watching first business: financial news, analysis, and today's investment ideas. good morning. i
and $2500 increase in taxes next year, it is going to change their behavior, just like it changed company behaviors when you saw them accelerate their dividends. so, when the government goes and changes behavior, it is going to affect things like retail sales. > quickly mark, the oil market. how is it being affected? > > we saw a kind of terrorist thing go on in the united arab emirates, and that is what drove up oil today. however, i think that's a short-lived rally. with oil above $90, i think it is a short here. you have fewer people driving, fewer people spending. that is bad for oil. > very good. mark sebastian of option pit. thanks very much. thank you. paul eggers joins us in the studio today. paul? thanks chuck. good to be here. meantime in washington, though tax rates on the really rich may be getting all the attention, if there is no fix to an obscure corner of the tax code, millions of middle class americans will pay thousands more to uncle sam. the alternative minimum tax, or amt, is typically paid by just 4 million americans, but no action in washington would mean an addition
Search Results 0 to 1 of about 2